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Yep.. all bets are off when the hand of god comes into the market.. because we all know how the market acts when outside forces are not injecting liquidity and or coordinating with ever major country in the world to bolster a failing enterprise... the Euro... as you can see from the chart above.. 7 am central time is when the magic happend.. lifting 20 handles in minutes.. breakout out of rising triangles...
If we break over 1234.5 we could see 1240 based on chasing momentum .. volume POST the intervention is tepid at best.. a bit over normal but nothing crazy.. still not enough market participants left to move a market huge during cash.. just not enough players outside the big desk who we all know now are in collusion.
By Hedge Ly
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